Zoom Communications Third Quarter Results

26/11/2024 11 min
Zoom Communications Third Quarter Results

Listen "Zoom Communications Third Quarter Results"

Episode Synopsis

Zoom Communications reported its third-quarter fiscal year 2025 financial results, showing a slight increase in revenue driven by growth in enterprise revenue and the lowest ever online churn rate. The company highlighted the success of its AI Companion 2.0 and new AI-focused add-ons, along with strong performance from Zoom Contact Center and Workvivo. Financial highlights included increased operating margin, net income, and cash flow, alongside a significant share repurchase authorization. The company also announced a name change to Zoom Communications, Inc., reflecting its shift towards an AI-first platform. Forward-looking statements and non-GAAP financial measures were provided in accordance with SEC regulations.